|
|
benefit of its corporators, or to the President and Di-
|
|
CHAP. 246.
|
rectors thereof, or which by the said acts were inten-
|
|
|
ded to be given, granted, authorised and secured, col-
|
|
|
lectively or severally, as fully and perfectly as if the
|
|
|
same were herein repeated and expressly given, gran-
|
|
|
ted, permitted, authorised and secured to, and confer-
|
|
|
red on the persons who shall subscribe as aforesaid,
|
|
|
their associates and successors, or to and on the com-
|
|
|
pany which is or shall be created by or in pursuance
|
|
|
of this act, so far as the same may or shall be deemed
|
|
|
or found applicable thereto.
|
|
Contract authori-sed
|
SEC. 2. And be it enacted, That the Directors of
|
|
|
the Baltimore and Peach Bottom Rail Road Company,
|
|
|
hereby incorporated or a majority of them, shall be
|
|
|
and they are hereby authorised to contract on such
|
|
|
terms as they may deem advisable with the Baltimore
|
|
|
and Susquehanna Rail Road Company, for the use of
|
|
|
their road in connection with their own road, or for
|
|
|
constructing the Rail Road authorised by this act, as
|
|
Lateral road
|
a lateral road of and in connection with the Baltimore
|
|
|
and Susquehanna Rail Road, and in the event of the
|
|
Of Ba;t. & Sus. R. R. C.
|
contract last mentioned being made, the Baltimore and
|
|
|
Susquehanna Rail Road Company shall have and may
|
|
|
receive the same powers, rights and privileges in the
|
|
|
location, construction, use, control, repair and preser-
|
|
|
vation of the said Baltimore and Peach Bottom Rail
|
|
|
Road, as a lateral road, as they have and may exer-
|
|
|
cise in the location, construction, control, use, repair and
|
|
|
preservation of the Baltimore and Susquehanna Rail
|
|
|
Road; and the Baltimore and Susquehanna Rail Road
|
|
|
Company, shall be and they are hereby authorised to
|
|
|
subscribe for any and such part of the capital stock of
|
|
|
the company hereby incorporated as they shall deem
|
|
|
advisable.
|
|
Direction of road
|
SEC. 3. And be it enacted, That the President and
|
|
|
Directors of said company, shall be, and are hereby
|
|
|
empowered to locate and construct the Rail Read here-
|
|
|
by authorised to be made in any direction, and in any
|
|
|
manner which in their judgment or in the judgment
|
|
|
of a majority of them, shall be most advantageous to
|
|
|
the company hereby incorporated.
|
